Nationwide Announces Upcoming Annuity Suite and New Partnerships
Additionally, in 2021, Nationwide will introduce several in-plan lifetime income options that pair income guarantees with TDFs.
Tag: annuities in retirement plans
Legislative and Judicial Actions
HSA inflation adjustment, 403(b) catch-up contributions, tax treatment under the CARES Act, and more.
Legislative and Judicial Actions
Key legislation, regulations and litigation from Washington, D.C., and the courts.
New York Financial Services Regulator Starts Investigation of Annuities in 403(b)s
It is looking into whether agents are engaging in deceptive and unfair sales practices, such as failing to appropriately disclose product costs and merits.
Supreme Court Asked to Review Great-West Retirement Plan Annuity Case
The plaintiff in the case, in which lower courts sided with Great-West, argues that the lower courts erroneously distinguished plan contracts from any other type of plan asset.
Pre-retirees Say Social Security and Pensions Will Not Fund Retirement
Instead, workers will source funding from their 401(k), IRA or other savings vehicles.
Amendment Would Add Annuity Selection Safe Harbor to Retirement Bill
The amendment is a fiduciary rule safe harbor for the selection of a lifetime income provider for retirement plans.